What makes Tathawade such a popular residential neighbourhood in Pune?

Inside the Pimpri Chinchwad Municipal Corporation (PCMC) borders, Tathawade is seeing tremendous real estate spillover demand. We look at the benefits of this location and whether or not it is a good place to invest.

The second wave of the COVID-19 epidemic strongly influences Indian consumers’ purchasing decisions. The real estate industry, like all others, has seen substantial changes in the previous year, whether it’s in terms of digitalized ‘zero-touch’ offers and services or design overhauls in favour of coming generations, self-contained developments which are both healthy and environmentally beneficial. Home purchasers are increasingly looking for established or well-organized builders. People are recognizing the benefits of owning a house at a time when more limitations appear to be on the way and flexible job forms are gaining popularity.

Many of us spent the majority of our waking hours at offices or outdoors until early in 2020, so our houses were mostly a place to rest. Long periods of isolation in the aftermath of the Coronavirus epidemic, on the other hand, have led in an increase in demand for open spaces, gardens, outdoor fitness alternatives, and opportunities for productive remote working locations in modern residential complexes. Buyers are looking for a community spirit and connection. As a result of the relative abundance of space, lower levels of air pollution, and improved general quality of life, urban outskirts and suburbs have gained renewed appeal.

The advantages of Tathawade’s location

Tathawade, a notable educational center in Pimpri-Chinchwad, is one such residential destination close to the Mumbai-Pune Highway. The Pimpri Chinchwad Municipal Corporation (PCMC) encompasses Tathawade. PCMC’s planned urban growth has resulted in a lot of demand spilling over to Tathawade (also from other urban centres of Pune city). Tathawade provides easy access to Aundh, an upscale neighbourhood with several retail shops and leisure opportunities. Additionally, Tathawade is well connected to Akurdi, a residential-cum-industrial region with many automotive businesses, and Chinchwad, an upmarket neighbourhood. Important sites like as Bhumkar Chowk, Dange Chowk, and Wakad are all within walking distance. In terms of future development, Tathawade is near the projected 170-kilometer Pune roundabout, which would encircle Pune and PCMC, as well as the planned Hinjewadi metro station.

The benefits of investing in real estate in Tathawade

Buying a home in Tathawade has potential financial benefits in addition to its location advantages, lifestyle, and health benefits. In comparison to Pune’s main metropolitan neighbourhoods, property rates in Tathawade are fairly affordable. Rental prices that are reasonable are also appealing. Tathawade is a widely wanted site for residential construction by top developers due to its potential for expansion, availability of area for planned development, and relatively unpolluted natural environment.

Its rising popularity of strategically positioned residential centers like Tathawade (which really is close to Hinjewadi, one of India’s main IT centers) is projected to be aided by the new baseline of the work-from-home trend. Rajiv Gandhi Infotech Park, one of Pune’s most important employment centres, is around 9.5 kilometres distant. It contains the headquarters of major IT/ITeS businesses.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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